The achievement reflects rising interest in Shariah-compliant digital investment and wealth management platforms.
Dubai: OGold, a Shariah-compliant gold and silver-backed super app, has surpassed 1.5 million users, strengthening its position as one of the region’s fastest-growing digital precious metals investment platforms. The milestone highlights the rising demand for accessible, Shariah-compliant wealth solutions as investors increasingly look for secure, transparent, and inflation-resistant assets amid changing global financial conditions.
Designed to make physical precious metals more accessible, OGold allows users to invest, save, earn, and spend fully allocated, physically backed gold and silver starting from just Dh1 at live market prices, with no paperwork or storage fees. The platform is fully Shariah-compliant, and each gram of gold or silver held by users is physically insured at both the account and company levels, with investment-grade precious metals securely stored in accredited vaults.
Earlier this year, OGold expanded beyond digital precious metals investing by launching its Gold & Silver-backed Super App, featuring the OGold Platinum Mastercard, which enables users to use the value of their gold and silver holdings for everyday payments. The company also introduced additional offerings, including eSIM services, a Giftcard Marketplace, a Jewellery Marketplace, and a Refer & Earn programme designed to reward users for expanding the OGold community.
The latest milestone comes amid strong business growth and expansion, following OGold’s strategic investment from Plug and Play Ventures, the Silicon Valley-based venture capital firm known for investments in companies including PayPal, Dropbox, and Honey.
OGold has further strengthened its ecosystem through strategic partnerships with Botim, bringing digital gold and silver investment opportunities to millions of users across the UAE; Aspora, expanding access among the global Indian community; and Valura.ai, integrating its precious metals ecosystem with AI-driven investment portfolios.
These collaborations support OGold’s vision of making gold and silver a part of everyday financial activities through a wider network of digital platforms, positioning precious metals not only as a store of value but also as an accessible and liquid investment option.
“Surpassing 1.5 million users is a strong validation of our mission to bring gold and silver into the digital economy,” said Bandar Alothman, Founder of OGold. “Our goal has always been to transform precious metals from assets that people simply store into financial tools they can actively use. Today, gold and silver are no longer passive holdings — they can be spent, transferred, and integrated into everyday financial activities. This milestone demonstrates that when trust is built and barriers are removed, large-scale adoption follows.”
Ahmed Abdeltawab, Co-founder and CEO of OGold, added: “Reaching 1.5 million users reflects the confidence our community has placed in OGold. Modern investors are seeking more than traditional investment products; they want transparency, security, and genuine value. At OGold, every unit is backed by physical gold and silver, fully insured, and structured according to strict Shariah-compliant principles. This strong foundation enables us to grow into a comprehensive financial platform.”
OGold’s continued expansion comes as demand for gold and silver grows as reliable stores of value amid economic uncertainty, alongside increasing interest in Shariah-compliant financial solutions.
With a user base exceeding 1.5 million, OGold continues to drive product innovation, strengthen strategic partnerships, and expand into new markets across the Middle East, Central Asia, and other regions, advancing its mission of making digital precious metals investing accessible to users worldwide.
